Fresh Today

Fresh Today

WASHINGTON—Testifying before the Senate Banking Committee, Federal Reserve Board of Governor nominees Richard Clarida and Michelle Bowman offered their support of reducing the regulatory burden facing community-based financial institutions by better tailoring regulations. 

WASHINGTON—America's legal cannabis industry has been dealt a new roadblock when it comes to banking.

WASHINGTON—President Donald Trump announced that he intends to nominate Michael Bright to serve as president of Ginnie Mae; Bright currently serves in the post as acting president.

WASHINGTON–By the end of 2018 NCUA is expected to add an “S” to its CAMEL ratings system to reflect market risk sensitivity, according to the agency’s semiannual report to Congress, which was just published by its Office of Inspector General (OIG). NCUA has been discussing such an addition since 2015.